The emergence of #ETF along with the gradual increase in large funds' holdings of #BTC , #ETH , and #Altcoin is opening up a different scenario. Instead of continuing to be constrained by the "4-year cycle" loop, the market is likely to directly reflect the rhythm from the US stock market.

In this context, the upcoming altcoin waves will be strongly influenced by monetary policy, especially as the FED enters a phase of interest rate adjustment. This means that the fluctuations of #crypto are becoming increasingly linked to macro decisions, rather than solely relying on the internal events of the industry as before.